Buy e-bike get $900 tax credit Or buy an electric motorcycle and get $7,500 tax credit. The thirty percent credit is capped at $900 for e-bikes and $7,500 for electric motorcycles. Roll on with these fun as heck new clean vehicles and get that green savings in the process. This federal program is part of the Build Back Better (BBB) Act which passed on November 19 in the House of Representatives and is awaiting approval in the U.S. Senate.
Whether it will be a non-refundable tax credit against your taxable income or a direct refund remains to be determined. AGREEN1 will stay the course on how this plays out.
